ABA: Digital asset regulation must support, not hinder private-sector innovation
As U.S. policymakers consider how to regulate digital asset technologies, ABA called on them to “remain vigilant and deliberate” to ...
Tag: Digital assets
ABA, SIFMA ask SEC to delay effective date on crypto-asset bulletin
Amid the growing ownership of digital assets like cryptocurrencies, the American Bankers Association and the Securities Industry and Financial Markets ...
ABA: Case not yet made for a U.S. CBDC
According to ABA, at present, a U.S. CBDC doesn’t solve a specific financial problem or respond to a pressing economic ...
McHenry discusses supply chain, crypto regulation at economic forum
Rep. McHenry (R-N.C.), ranking House Financial Services Committee member, said a well-regulated space is necessary for the digital asset/cryptocurrency ecosystem.
Podcast: How a CBDC would ‘fundamentally rewire our economy’
In a special bonus episode of the ABA Banking Journal Podcast, ABA's Rob Morgan digs into the association's comments on ...
ABA: No compelling case exists for U.S. CBDC
The creation of a central bank digital currency “should only be pursued as a final option to meet clearly defined ...
GOP lawmakers skeptical on merits of CBDC in letter to Fed
A group of Republican lawmakers led by House Financial Services Committee Ranking Member Patrick McHenry (R-N.C.) this week urged the ...
Hsu advocates for bank-like regulation for stablecoins
Acting Comptroller of the Currency Michael Hsu called for establishing an “intentional architecture” for stablecoins that would focus on “stability, ...
Yellen calls for ‘appropriate oversight’ for digital asset, crypto firms
In a letter to FDIC-insured banks, the agency requested that any institution considering engaging in crypto-related activities provide notification to ...
OCC’s Hsu Warns of Increased Recession Risk
Acting Comptroller of the Currency Michael Hsu today told attendees at ABA Risk 2022 that Russia’s invasion of Ukraine could ...
